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Steve Jobs' family, designer Philippe Starck settle yacht dispute

December 26, 2012|By Chris O'Brien
  • Venus, the yacht that was being built for Steve Jobs, will soon be on its way to his heirs.
Venus, the yacht that was being built for Steve Jobs, will soon be on its way… (Peter Dejong / Associated…)

Here's a nice holiday treat for the heirs of Steve Jobs. A dispute over the Apple founder's yacht has been resolved and the good ship Venus could soon be on its way to the United States. 

According to Agence France-Press, the Jobs estate paid a deposit of an unspecified amount to designer Philippe Starck, who claimed he had not been paid all he was owed for his role in crafting the $127-million boat.

"The Venus is no longer impounded; we have found a solution," Gerard Moussault, a lawyer for Jobs' heirs, told AFP on Monday. "A security deposit was paid into a bank account, but I cannot say for how much."

Last week, the boat was ordered to stay in an Amsterdam port after Starck filed a legal claim against the Jobs estate.

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Starck claimed that Jobs had agreed to pay him $11.86 million, but that he had received only $7.91 million. Not so, according to a reply by Jobs' lawyers, who said the $7.91 million was sufficient.

Attorneys for Starck said the two men had worked closely on the yacht, and had an informal agreement rather than a contract. 

According to AFP, once weather improves, the boat will be shipped to the United States, where it will be delivered to Jobs' widow, Laurene Powell Jobs.

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Follow me on Twitter @obrien.

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